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ECONOMIC TRANSFORMATIONSAND SOCIAL CHANGERS (ECONOMIC GROWTH (AGRARIAN…
ECONOMIC TRANSFORMATIONSAND SOCIAL CHANGERS
DEMOGRAPHIC GROWTH
15th and 16th
population started to
increase
, but in a
slow speed level
due to
limited development of medical practice
high mortality rate (infectious diseases)
lack of hygenie
this increase
led to
a rise in demand for agriculture
stimulayed trade
handicraft products
ECONOMIC GROWTH
TRADE
grew as a r
esult of geographical discoveries
developed
new trade routs
ATLANTIC
(from America)
new products
coffee
tobacco
wood
this rout had an
impact
on the
ports of Seville and Lisbon
as the
Mediterranean trade
focused on
Italian ports
AGRARIAN ACTIVITIES
required
more qualification
16th
collected many
good harvests
and
cleared
(desbroza)
new land
CAPITALIST ECONOMIC SYSTEM
first capitalism
it was
based on trade
MERCHANT CAPITALISM
first banks
founded
types
official
( Taula de Canvi)
private
(Fuggi, Medici)
greater circulation of money
began the
use of cheques and promissory notes
first trading companies
were established
HANDICRAFTS
begining of the
avoidance of guild controls
peasants
(women)
were
paid by craftsmen
to
make products at home
so
craftsmen sold products already finisihed
so the didnt have
to pass guild controls
SOCIAL CHANGES
society of 3 estates continued to exist but the economy developed more complex forms
NOBILITY AND CLERGY
continued
to be
privilaged states
and maintained their
economic power and privilages
accepted
the increased
power of the monarch
BURGUEOISE
became richer
Transoceanic trade,bussines dealing and banking
were superiors (
greater social status
)
than
commoners
artisans
merchants
waged workers
PEASANTRY (commoners)
EASTERN EUROPE
more
closely
tied
to the land
WESTERN EUROPE
improved
f
reed
from servitud
worked their
own land
or
could
work for a nobel
and r
eceive a wage